Transaction InformationOn November 24th, 2010,
Telestone Technologies Corporation (NASDAQ: TSTC) announced the pricing of an underwritten public
offering of 1,675,000 shares of its common stock at $12.00 per share. The
offering of the shares was made pursuant to a registration statement previously
filed with the Securities and Exchange Commission. ROTH Capital Partners acted as the sole
book-running manager of the offering.

Client InformationTelestone is a
leading innovator in local access network technologies and solutions. Telestone
is a global company with 30 sales offices throughout China and a network of
international branch offices and sales agents. For more than 10 years, Telestone
has been installing radio-frequency based 1G and 2G systems throughout China for
China’s leading telecommunications companies. After intensive research on the
demands of carriers in the 3G age, Telestone developed and commercialized its
third generation technology for the local access network, WFDS™ (Wireless
Fiber-Optic Distribution System), which provides a scalable, multi-access local
access network solution for China’s three cellular protocols. Telestone offers
services that include project design, project manufacturing, installation,
maintenance and after-sales support. Telestone Technologies has approximately
1,200 employees.(Source: Company Press Release)